Heights Capital Management Inc. Has $156,000 Position in Ryvyl Inc. (NASDAQ:RVYL)

Heights Capital Management Inc. boosted its holdings in shares of Ryvyl Inc. (NASDAQ:RVYL) by 341.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 120,026 shares of the company’s stock after acquiring an additional 92,841 shares during the period. Heights Capital Management Inc.’s holdings in Ryvyl were worth $156,000 as of its most recent filing with the SEC.

Separately, Mariner LLC acquired a new position in Ryvyl in the fourth quarter valued at about $101,000. 17.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, HC Wainwright restated a “neutral” rating on shares of Ryvyl in a research report on Thursday, April 3rd.

Ryvyl Stock Up 1.5 %

Shares of NASDAQ:RVYL opened at $0.99 on Monday. The company has a 50 day moving average price of $0.97 and a two-hundred day moving average price of $1.31. The company has a market capitalization of $8.31 million, a PE ratio of -0.12 and a beta of 4.49. Ryvyl Inc. has a 52 week low of $0.69 and a 52 week high of $2.40. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.96 and a current ratio of 0.96.

Ryvyl Profile

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger.